Services - Hotels & Other Lodging

Asking Price	$1,750,000	Inventory
Gross Income	$428,500	Real Estate
Cash Flow	Not Disclosed	Year Established	N/A
FF&E	N/A	Employees	N/A

* included in the asking price

** not included in the asking price

This beautiful and charming 31-Guestroom property in northwestern Colorado offers a fabulous location directly across the street from the Moffat County Fairgrounds. It is also the first motel on the westbound right-hand side of the famously scenic U.S. Highway 40. Craig, the county seat, with a population of approximately 10,000 residents, is rich in recreational opportunities, natural resources, and Old West lore. It is situated at an elevation of 6,186 feet. County population stands at approximately 14,000. At the mid-point between Denver and Salt Lake City, Craig is the economic hub of Northwest Colorado. The very busy U.S. Highway 40 leads on to Dinosaur National Monument (about 65-miles), west to Vernal, UT (about 120-miles), and Salt Lake City (about 295-miles). Grand Junction is 135-miles to the south, and Colorado s Capitol, Denver, is about 200-miles to the southeast. Driving north on Colorado Highway 13, which intersects with U.S. Highway 40 in Craig only a short distance from the Inn, will bring you to the Grand Teton and Yellowstone National Parks. Craig has its own municipal airport, however, within a 20-minute drive lies the Yampa Valley Airport in Hayden, featuring year-round commercial flights to major destinations.

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Facilities: 31 Rooms in 2 buildings built in 1955 and 1978. Heating and cooling is provided via individual HVAC units. Guestrooms feature telephone system, wireless high-speed Internet, 25-inch color television sets, hair dryers, coffeemakers, refrigerators, and microwaves. New carpets, drapes and comfortable soft goods are in place. A separate, yet connected, building contains the motel s front lobby, reception desk, and breakfast area. Very nice 3-bedroom/2-bath owner/manager residence is situated in back of the reception area.

Growth/Expansion: Surplus land allows for another 10 guestrooms.